advisable to make
SUPPORT FOR PRIVATE INVESTMENT INFRASTRUCTURE
The current crisis has shown businesses and politicians that betting on speculative operations and inflating the market cannot be a long-term development strategy. The future of Ukrainian business in the transition to a post-industrial type economy, dominated by services, high technology and infrastructure. Such changes require a system of incentives for venture investments, which play an important role in ensuring the country’s competitiveness. It is no coincidence that states with a developed venture capital market (USA, Japan, Germany, UK) act as the largest exporters of high technology products. In these countries, a key role in the search and development of high-risk startups belongs to associations of private investors, the so-called business angels. If we evaluate the volumes of venture investments, then the investments of private investors there exceed the volumes of large institutional investors. Continue reading
BUSINESS INCUBATORS IN UKRAINE
To help those who open their own business, create favorable conditions for business development, provide benefits for all undertakings – the key tasks that business incubators successfully accomplish (organizations that support newly established enterprises). In world practice, it is these structures that are considered the best stimulators for the development of small and medium-sized businesses and have recently become increasingly popular. In Ukraine, the first incubators appeared in the early 1990s and now there are 60–70 registered. However, there are very few successful examples of assistance in establishing a business, while in neighboring countries such institutions work more than effectively. “Status” asked officials, experts and entrepreneurs:
“WHAT IS THE CAUSE OF WEAK DEVELOPMENT OF UKRAINIAN BUSINESS INCUBATORS?”
Opinions of officials Continue reading
INVESTMENTS IN UKRAINE: FAVORABLE, BUT TOO TOO RISK
Investors are withdrawing assets from Ukraine, because over the past two years it has become difficult and dangerous for them to work here. Even such a dedicated partner to Ukraine as the EBRD can reduce the amount of investment. The Ukrainian government calls the creation of a favorable investment climate one of the priorities of its activities. In particular, the Cabinet of Ministers regularly reports on the simplification of bureaucratic procedures for business. However, innovation does not make Ukraine more attractive to investors, criticized by experts interviewed by DW. “Over the last two years the investment climate in the country has deteriorated significantly. First of all, this is due to the deterioration of capital protection. Continue reading
